The European Commission announced a Heating and Cooling Strategy aimed at reducing energy waste.
Heating and cooling currently account for 50% of the EU’s annual energy consumption. This includes 59% of total gas consumption and 13% of total oil consumption in Europe.
The EU is highly dependent on energy imports. Decarbonising Europe’s buildings by 2050 would save around €40 billion on gas imports and €4.7 billion on oil imports per year.
European buildings are old and waste energy. The current renovation rate is below 1% per year.
So what does the Commission plan to do?
The EU’s Heating and Cooling strategy includes 5 main initiatives:
- Making renovating buildings easier
- Integrating electricity systems with heating and cooling systems
- Increasing the share of renewables
- Reusing energy waste from industries
- Getting consumers and industries involved
The executive hopes that these initiatives will:
- Help EU citizens save money
- Create jobs
- Reduce CO2 emissions
But the strategy is just an EU coordination tool. It is up to member states to put it into practice.
Sources: Eurostat, European Commission